Caledonia Investments plc reported interim management statement for the quarter ended December 31, 2015. Over the quarter, NAV increased by 2.8%, from £1,552 million to £1,596 million, and the NAV per share total return was 3.3%, bringing the year to date NAV total return to -0.6%. Unquoted investments are revalued in March and September.

Consequently, the NAV at December 31, 2015 did not include any valuation adjustments to unquoted investments in the past three months. At December 31, 2015, the company had net debt of £6.6 million, compared with £48.3 million of net debt at September 30, 2015.